CAPTRUST Expands Its Influence with Carolinas Investment Consulting Integration

CAPTRUST's Strategic Expansion: A New Chapter with Carolinas Investment Consulting

In a significant move, CAPTRUST Financial Advisors has announced the strategic integration of Carolinas Wealth Consulting, which operates as Carolinas Investment Consulting (CIC), into its firm. This partnership marks a pivotal moment for both businesses, enhancing CAPTRUST's capabilities and market reach. CIC, which has been in operation since 2001 under the leadership of founder George Edmiston, is known for its expertise in investment consulting and financial planning. The firm serves a diverse range of clients, including families, endowments, retirement plans, and corporations across more than 30 states, managing an impressive portfolio valued at over $1.4 billion.

CIC's decision to join forces with CAPTRUST, effective January 2025, is a testament to the potential benefits this collaboration brings to clients and the firms alike. As Edmiston stated, the merger will enable them to preserve the culture and service quality that has been the hallmark of CIC while leveraging CAPTRUST's extensive resources and expertise. With this integration, CAPTRUST will establish its second location in Charlotte, strengthening its foothold in the Carolinas.

Fielding Miller, co-founder and CEO of CAPTRUST, expressed enthusiasm about the addition of the CIC team, highlighting their impressive reputation within the region. The synergy created by this partnership is expected to not only elevate CAPTRUST's brand in the market but also improve its service offerings. Miller and Edmiston share a long-standing friendship and professional rivalry that spans over two decades, adding a layer of mutual respect and trust to this collaboration.

CAPTRUST itself was founded in 1997 and has grown into an independent registered investment advisory firm. It specializes in offering a holistic range of services that include investment management, financial and estate planning, as well as tax advisory and compliance for individuals and families. For ultra-high-net-worth clients, CAPTRUST is dedicated to simplifying finances, managing risks, and sustaining legacies. Its services also extend to retirement plan sponsors, endowments, foundations, and religious organizations, providing specialized advice and support tailored to meet their unique needs.

The integration with CIC is anticipated to enhance CAPTRUST's ability to navigate complex financial landscapes, especially in the rapidly evolving investment sector. The firm aims to utilize this new partnership to better fulfill the needs of its growing client base while continuing to uphold its commitment to excellence and client satisfaction.

As both firms embark on this new journey, clients can expect a seamless transition that retains the quality of service they have come to trust, while also benefitting from the expanded resources and capabilities that come with such a strategic partnership. CAPTRUST looks forward to a fruitful collaboration with CIC as they strive to redefine investment consulting and financial planning in the Carolinas and beyond.